HTZ Options History — June 2023

In June 2023, HTZ traded between $15.64 and $18.39. ATM implied volatility averaged 38.0%, placing in the 9.0% IV rank vs the trailing year. The 30-day expected move averaged 10.6%. IV traded above realized volatility by 9.2% (HV 20d: 28.8%). Max pain ranged from $17.50 to $17.50. Net GEX was positive for 11 of 21 trading days. Term structure was in contango for 19 of 21 days. Put/call ratio averaged 0.88.

Notable Days

  • 2023-06-12: Highest Volume — 12,335 contracts
  • 2023-06-12: Largest IV spike — 28.4% change
  • 2023-06-12: Highest IV Rank — 26.6%
  • 2023-06-01: Largest Expected Move — 13.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$17.46$15.64$18.39$15.64$18.39
Max Pain$17.50$17.50$17.50$17.50$17.50
ATM IV38.0%32.9%46.7%45.4%32.9%
Expected Move10.6%9.4%13.0%13.0%9.4%
HV 20d28.8%24.3%32.9%31.3%24.3%
HV 60d39.1%34.6%46.6%46.3%34.6%
IV Rank9.0%0.0%26.6%24.0%0.0%
IV Percentile5.3%0.0%27.0%17.5%0.0%
Term Structure6.0%-1.4%9.9%-0.7%9.9%
VWIV36.7%32.0%45.2%45.2%32.0%
Skew 25d4.7%1.4%7.1%6.8%1.4%
Skew 10d10.4%3.7%19.8%19.4%11.1%
Call IV 25d35.3%31.3%43.1%43.1%31.3%
Put IV 25d40.0%32.7%49.8%49.8%32.7%
Bid-Ask Spread %8.912.7942.694.115.41
Gamma HHI0.390.280.620.620.40
Net GEX-63.4K-773.1K268.4K-773.1K190.2K
Net DEX-2.2M-14.0M23.2M23.2M-13.7M
Net VEX-480.1K-507.4K-454.9K-457.6K-476.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.880.047.150.500.12
Total Volume2,681.71430412,3351,2982,149
Total OI144,281.619132,260161,827143,781136,199

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-06-01$15.64$17.5045.4%13.0%31.3%24.0%45.2%6.8%-0.7%-773.1K23.2M-457.6K0.504.11N/AN/A86543362,62581,156
2023-06-02$16.05$17.5043.7%12.5%31.6%20.6%42.6%4.5%-1.4%-664.7K17.4M-460.7K0.183.53N/AN/A1,05719362,84681,374
2023-06-05$16.16$17.5046.4%12.3%29.1%26.1%41.2%7.1%3.4%-615.2K15.3M-455.2K0.612.79N/AN/A1,31479963,26681,428
2023-06-06$16.79$17.5037.9%10.4%31.9%8.7%37.4%5.4%5.0%-280.5K6.1M-459.3K0.763.25N/AN/A2,9692,24264,07981,461
2023-06-07$16.94$17.5038.0%10.3%31.8%8.9%35.7%5.7%5.1%-183.4K3.3M-460.8K0.173.96N/AN/A2,62445464,42380,874
2023-06-08$17.41$17.5037.2%10.3%32.9%7.2%35.8%5.1%5.9%-71.4K-3.0M-454.9K7.155.86N/AN/A1,1408,14664,15981,239
2023-06-09$17.31$17.5036.4%10.2%32.0%5.5%36.0%4.7%6.1%-167.5K1.6M-486.1K0.185.26N/AN/A2,16738664,51486,706
2023-06-12$17.82$17.5046.7%10.9%32.4%26.6%36.9%4.7%3.7%-63.8K-5.4M-486.6K0.045.30N/AN/A11,91142465,34286,873
2023-06-13$17.84$17.5043.7%10.9%32.3%20.5%37.0%5.1%3.9%239.3K-12.8M-507.4K0.2340.33N/AN/A1,93844073,61487,000
2023-06-14$17.80$17.5037.1%10.6%31.8%7.0%35.6%5.8%5.0%268.4K-11.5M-506.4K0.405.22N/AN/A88635474,30687,085
2023-06-15$18.07$17.5037.8%10.8%27.6%8.4%37.6%5.1%5.7%213.5K-14.0M-499.7K0.463.67N/AN/A67731274,45087,121
2023-06-16$17.77$17.5037.1%10.6%28.5%7.1%36.2%5.6%6.6%155.0K-13.3M-500.0K0.265.11N/AN/A1,48238274,60387,224
2023-06-20$17.79$17.5036.8%10.5%27.5%6.3%36.0%5.2%7.0%49.0K-4.4M-491.7K0.594.08N/AN/A1,32278158,24774,013
2023-06-21$17.64$17.5035.0%10.0%27.4%2.7%35.2%4.5%8.1%41.8K-3.2M-488.6K1.0542.69N/AN/A50753259,01974,412
2023-06-22$17.74$17.5034.7%10.0%27.0%2.1%34.7%3.8%8.4%53.1K-4.6M-488.7K0.374.34N/AN/A55420659,38374,821
2023-06-23$17.45$17.5034.6%9.9%25.2%1.9%34.6%2.9%8.4%-27.9K-137.1K-483.0K1.1615.72N/AN/A46954559,51974,952
2023-06-26$17.64$17.5034.7%10.0%25.2%2.1%38.7%3.8%8.3%-14.2K-2.5M-481.0K0.303.84N/AN/A2347059,67475,427
2023-06-27$18.06$17.5034.7%10.0%25.2%2.1%34.4%4.4%8.5%82.1K-7.6M-481.5K2.013.65N/AN/A38176459,67475,476
2023-06-28$18.20$17.5034.6%9.9%25.2%1.8%33.9%3.2%9.1%144.7K-9.5M-480.4K0.214.33N/AN/A86818659,94575,482
2023-06-29$18.11$17.5033.3%9.5%25.5%0.0%33.2%4.0%9.9%93.2K-8.2M-475.4K1.8414.65N/AN/A1,1122,04160,28875,615
2023-06-30$18.39$17.5032.9%9.4%24.3%0.0%32.0%1.4%9.9%190.2K-13.7M-476.5K0.125.41N/AN/A1,92122861,09075,109